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/ 26 July 2007

June PPI slows but rate hike still seen

South Africa’s producer price inflation slowed to 10,4% year-on-year in June, official data showed on Thursday, but a jump in the monthly rate continued to stoke expectations of higher interest rates. Statistics South Africa said June producer price inflation slowed from an annual 11,3% in May but increased by 2,1%.

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/ 26 July 2007

JSE seen trading sideways

After a see-saw ride in the morning, the JSE was trading sideways at midday on Thursday — seemingly tracking the FTSE 100, according to a trader. At 12:01pm, the all-share index was 0,10% lower from it’s close of 29 105,270 on Wednesday.

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/ 26 July 2007

Mulaudzi shines in Europe

Mbulaeni Mulaudzi, the 26-year-old world number one 800m runner, returned to his brilliant best at the Herculis Monaco Super Grand Prix on Wednesday when he won his event in a blistering one minute 43,74 seconds. It was the fastest time of the year and the first below 1:44. The gritty South African ran an outstanding race and issued a stern warning to the world elite.

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/ 26 July 2007

Chiefs, Pirates eye second bite at the cherry

It is part of a series of friendly fixtures masquerading as a make-believe competition. But if there is a touch of the Mad Hatter’s illogic attached to the format of the Vodacom Challenge, it will not prevent what should be another near-capacity crowd from cramming into the Eastern Province Rugby Stadium on Thursday night.

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/ 26 July 2007

Downs tell bungling PSL to take a hike

A suggestion by a bungling Premier Soccer League (PSL) to league champions Mamelodi Sundowns to withdraw from the Telkom Charity Cup extravaganza at Mmabatho Stadium next Saturday has been rejected with the appropriate contempt. It was indeed the PSL who created the current embarrassing mish-mash in South African soccer.

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/ 26 July 2007

Bombs mar Baghdad soccer celebrations

Gunfire erupted across Baghdad and Iraqis danced in the streets on Wednesday after their soccer team’s historic Asian Cup win, but two suicide car bombs marred the war-ravaged nation’s rare moment of unity. Police said a suicide car bomb exploded near a crowd of jubilant Iraqis, killing 30 and wounding 75 in Baghdad’s Mansour area.

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/ 26 July 2007

Mystery over Jim Morrison’s death divides biographers

Did Jim Morrison OD on a nightclub toilet or die of a drug-induced heart attack in a bathtub at home? Thirty-six years after the death in Paris of the <i>Doors</i> legend, biographers are locking horns over his final hours. The latest book on the life and times of Morrison says he was found slumped behind a locked toilet door on July 3 1971 in the Rock’n Roll Circus.